Euro at 1.1539 USD on June 10, 2026: official exchange rates for companies with international operations

Key data

Companies operating with dollars, pounds, yen or Swiss francs have a clear legal reference today: the Bank of Spain has published, in accordance with article 36 of Law 46/1998, the official euro exchange rates set by the European Central Bank for June 10, 2026. These values are not indicative: they have the status of official exchange rates and are the reference that importers, exporters, accountants and tax advisors must use for operations on that date.

What does this regulation establish?

Each business day, the European Central Bank sets the reference exchange rates of the euro against the world's major currencies. The Bank of Spain collects and publishes them in the BOE through resolution, granting them the status of official exchange rates under Law 46/1998.

This means that these rates are those that must be used as the legal reference in Spain for:

• The accounting of foreign currency operations (conversion to euros in the accounting books).
• The calculation of tariffs and taxes on imports and exports.
• The settlement of international contracts denominated in currencies other than the euro.
• Tax declarations that require conversion of amounts in foreign currency.

The official rates published for June 10, 2026 are as follows:

The official summary published in the BOE includes these four currencies as the most relevant for the usual commercial and financial operations of Spanish companies.

Economic and operational impact

The official exchange rate is not a statistical figure: it is a number with direct consequences on the income statement. These are the most relevant practical implications:

• Importers paying in USD: with the euro at 1.1539 dollars, every 100,000 USD invoice equals approximately 86,660 euros. If the rate fluctuates, the exchange difference must be recorded in accounting.
• Exporters collecting in GBP: with the pound at 0.86228 per euro, every 100,000 GBP collected equals 115,978 euros. A stronger euro against the pound reduces the euro value of pound collections.
• Contracts in CHF: the Swiss franc trades at 0.9222 per euro, which means the euro is slightly above the franc. Companies with debt or contracts in francs must update their valuations.
• Operations with Japan in JPY: the yen trades at 185.19 per euro, a level that reflects the historical weakness of the yen. Companies importing from Japan benefit from a strong euro against the yen.
• Accounting exchange differences: if the company has assets or liabilities in foreign currency valued at a rate different from the official rate of June 10, it must record the corresponding exchange difference.

Who does it affect?

• Importing companies that purchase goods or services in USD, GBP, JPY or CHF and must account for them in euros.
• Exporting companies that invoice in currencies other than the euro and need to convert their income for accounting and tax purposes.
• Financial and treasury departments that manage collections and payments in foreign currency.
• Tax and accounting advisors who prepare VAT on imports declarations, Corporate Income Tax settlements or audit reports with items in currencies.
• Financial entities that operate with currencies or have exposure to assets denominated in foreign currency.
• Companies with international contracts denominated in currencies, which must value their obligations and rights at the official rate.
• International purchasing and sales departments that negotiate prices and need official references for their calculations.

Practical example

A Spanish company imports electronic components from the United States. On June 10, 2026, it receives an invoice for 250,000 USD. To account for it correctly in euros, it must apply the official rate of the day:

250,000 USD ÷ 1.1539 USD/EUR = 216,657 euros

If the company had provisioned that invoice at an estimated rate of 1.12 USD/EUR (that is, 223,214 euros), the exchange difference to record is 6,557 euros in favor of the company, which must be recognized as financial income in the accounting for the period.

Similarly, an exporter that collects 100,000 GBP that same day must record the income as 115,978 euros (100,000 ÷ 0.86228), and not at the rate it had negotiated internally. Any deviation from the official rate generates an exchange difference that must be reflected in the accounts.

What should companies do now?

1. Apply official rates in the accounting for June 10: all foreign currency operations on that date must be recorded using the published rates (1.1539 USD, 185.19 JPY, 0.86228 GBP, 0.9222 CHF).
2. Review previous provisions and estimates: if operations had been accounted for at estimated rates, calculate and record the resulting exchange differences.
3. Update the valuation of assets and liabilities in currency: outstanding balances for collection or payment in foreign currency must be valued at the official rate of the period close or the date of the operation.
4. Verify contracts with exchange rate clauses: some international contracts reference the official ECB or Bank of Spain rate. Check if the June 10 rate activates any revision clause or price adjustment.
5. Communicate to purchasing and sales departments: provide the official rate to teams negotiating international prices so they have the correct reference in their calculations.
6. Keep documentation: save the BOE resolution as documentary support for the rates applied, especially for tax inspections or audits.

Official source

Consult complete regulation in official source

Notice: This article is for informational purposes only and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-12705